MDDNF
Meridian Energy Limited
Price Chart
Latest Quote
$3.55
| Previous Close | $3.55 |
| Open | $3.45 |
| Day High | $3.45 |
| Day Low | $3.45 |
| Volume | 100 |
Stock Information
| Quarterly Dividend / Yield | $0.12 / 3.51% |
| Shares Outstanding | 2.64B |
| Quarterly Dividend Yield | 3.51% |
| Quarterly Dividend | $0.12 |
| Total Debt | $1.05B |
| Cash Equivalents | $103.21M |
| Revenue | $2.59B |
| Net Income | $-58.65M |
| Sector | Utilities |
| Industry | Utilities - Renewable |
| Market Cap | $9.37B |
| EPS (TTM) | $-0.02 |
| Exchange | PNK |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $10.55B |
| Sales | $2.59B |
| Income | $-58.65M |
| Book/sh | $2.01 |
| Cash/sh | $0.07 |
Financial Ratios
| Quick Ratio | 0.75 |
| Current Ratio | 1.07 |
| Debt/Eq | 20.99 |
Returns & Margins
| ROA | -0.08% |
| ROE | -1.24% |
| Gross Margin | 29.23% |
| Operating Margin | 18.38% |
| Profit Margin | -2.27% |
Ownership
| Insider Ownership | 52.27% |
| Institutional Ownership | 12.09% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| PEG | 0.83 |
| P/S | 2.04 |
| P/B | 1.76 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $3.48 |
| SMA50 | $3.39 |
| SMA200 | $3.28 |
| RSI | 28.23 |
| ATR | 0.0177 |
| Shares Float | 1.30B |
| Volatility | 0.46 |
| Rel Volume | 13.65 |
Performance History
| Week | -3.10% |
| Month | -3.10% |
| Quarter | +18.73% |
| 6 Months | -4.91% |
| YTD | -4.91% |
| Year | -9.13% |
| 3 Years | +24.48% |
| 5 Years | +23.64% |
| 10 Years | +161.75% |
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $3.37 | 4,000 |
| 2026-06-23 | $3.55 | 0 |
| 2026-06-22 | $3.55 | 1,000 |
| 2026-06-18 | $3.48 | 0 |
| 2026-06-17 | $3.48 | 0 |
| 2026-06-16 | $3.48 | 0 |
| 2026-06-15 | $3.48 | 0 |
| 2026-06-12 | $3.48 | 0 |
| 2026-06-11 | $3.48 | 0 |
| 2026-06-10 | $3.48 | 0 |
| 2026-06-09 | $3.48 | 0 |
| 2026-06-08 | $3.48 | 0 |
| 2026-06-05 | $3.48 | 0 |
| 2026-06-04 | $3.48 | 0 |
| 2026-06-03 | $3.48 | 860 |
| 2026-06-02 | $3.48 | 0 |
| 2026-06-01 | $3.48 | 0 |
| 2026-05-29 | $3.48 | 0 |
| 2026-05-28 | $3.48 | 0 |
| 2026-05-27 | $3.48 | 0 |
| 2026-05-26 | $3.48 | 0 |
About Meridian Energy Limited
Meridian Energy Limited engages in the generation and retailing of electricity to residential, business, and industrial customers in New Zealand, Australia, and the United Kingdom. The company generates electricity through 7 hydro stations; 8 wind farms; and 100MW battery energy storage system, as well as grid-scale solar array. It sells electricity under the Meridian Energy and Powershop brands. It also offers solar installation, software development, professional, and insurance services. The company was formerly known as Hydro Energy Limited. Meridian Energy Limited was incorporated in 1998 and is based in Wellington, New Zealand.
đ° Latest News
Meridian Energy Ltd (MDDNF) (H1 2026) Earnings Call Highlights: Record Growth and Strategic ...
GuruFocus.com âĸ 2026-02-25T03:00:31ZWhile individual investors own 37% of Meridian Energy Limited (NZSE:MEL), state or government are its largest shareholders with 51% ownership
Simply Wall St. âĸ 2026-01-17T21:01:12ZMeridian Energy (NZSE:MEL) shareholders have endured a 6.4% loss from investing in the stock five years ago
Simply Wall St. âĸ 2025-12-20T21:30:55ZIs Meridian Energy Limited (NZSE:MEL) Trading At A 39% Discount?
Simply Wall St. âĸ 2025-09-29T18:41:19ZMeridian and Nova to form JV for 400MW New Zealand solar project
Power Technology âĸ 2025-09-01T14:27:20ZMeridian Energy Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Simply Wall St. âĸ 2025-08-30T20:02:10ZMeridian and Nova finalise solar JV and financing
Energy Global âĸ 2025-08-29T14:00:00ZMeridian Energy Limited's (NZSE:MEL) top owners are state or government with 51% stake, while 37% is held by individual investors
Simply Wall St. âĸ 2025-08-05T23:11:27ZIncome Statement (Annual)
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $4,794,000,000 | $4,831,000,000 | $3,203,000,000 | $3,686,000,000 |
| Operating Revenue | $4,794,000,000 | $4,831,000,000 | $3,203,000,000 | $3,686,000,000 |
| Expenses | ||||
| Interest Expense | $84,000,000 | $67,000,000 | $53,000,000 | $71,000,000 |
| Other Income Expense | $-1,249,000,000 | $256,000,000 | $-342,000,000 | $296,000,000 |
| Other Non Operating Income Expenses | $-1,210,000,000 | $282,000,000 | $-332,000,000 | $298,000,000 |
| Net Non Operating Interest Income Expense | $-79,000,000 | $-57,000,000 | $-44,000,000 | $-70,000,000 |
| Interest Expense Non Operating | $84,000,000 | $67,000,000 | $53,000,000 | $71,000,000 |
| Operating Expense | $4,084,000,000 | $4,436,000,000 | $2,691,000,000 | $3,286,000,000 |
| Other Operating Expenses | $3,514,000,000 | $3,968,000,000 | $2,278,000,000 | $2,894,000,000 |
| General And Administrative Expense | $124,000,000 | $134,000,000 | $119,000,000 | $100,000,000 |
| Total Other Finance Cost | - | $2,000,000 | $2,000,000 | $2,000,000 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $-452,000,000 | $429,000,000 | $95,000,000 | $451,000,000 |
| Net Interest Income | $-79,000,000 | $-57,000,000 | $-44,000,000 | $-70,000,000 |
| Interest Income | $5,000,000 | $12,000,000 | $11,000,000 | $3,000,000 |
| Normalized Income | $-423,521,809 | $447,777,778 | $102,539,683 | $452,443,200 |
| Net Income From Continuing And Discontinued Operation | $-452,000,000 | $429,000,000 | $95,000,000 | $451,000,000 |
| Net Income Common Stockholders | $-452,000,000 | $429,000,000 | $95,000,000 | $451,000,000 |
| Net Income | $-452,000,000 | $429,000,000 | $95,000,000 | $451,000,000 |
| Net Income Including Noncontrolling Interests | $-452,000,000 | $429,000,000 | $95,000,000 | $451,000,000 |
| Net Income Continuous Operations | $-452,000,000 | $429,000,000 | $95,000,000 | $451,000,000 |
| Pretax Income | $-619,000,000 | $594,000,000 | $126,000,000 | $625,000,000 |
| Special Income Charges | $-39,000,000 | $-26,000,000 | $-10,000,000 | $-2,000,000 |
| Interest Income Non Operating | $5,000,000 | $12,000,000 | $11,000,000 | $3,000,000 |
| Operating Income | $710,000,000 | $395,000,000 | $512,000,000 | $400,000,000 |
| Depreciation Amortization Depletion Income Statement | $446,000,000 | $334,000,000 | $294,000,000 | $292,000,000 |
| Depreciation And Amortization In Income Statement | $446,000,000 | $334,000,000 | $294,000,000 | $292,000,000 |
| Amortization Of Intangibles Income Statement | $18,000,000 | $30,000,000 | $28,000,000 | $22,000,000 |
| Depreciation Income Statement | $428,000,000 | $304,000,000 | $266,000,000 | $270,000,000 |
| Gross Profit | $4,794,000,000 | $4,831,000,000 | $3,203,000,000 | $3,686,000,000 |
| Per Share | ||||
| Diluted EPS | $-0.17 | $0.17 | $0.04 | $0.17 |
| Basic EPS | $-0.17 | $0.17 | $0.04 | $0.17 |
| Other | ||||
| Tax Effect Of Unusual Items | $-10,521,809 | $-7,222,222 | $-2,460,317 | $-556,800 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $-50,000,000 | $1,021,000,000 | $483,000,000 | $990,000,000 |
| Total Unusual Items | $-39,000,000 | $-26,000,000 | $-10,000,000 | $-2,000,000 |
| Total Unusual Items Excluding Goodwill | $-39,000,000 | $-26,000,000 | $-10,000,000 | $-2,000,000 |
| Reconciled Depreciation | $446,000,000 | $334,000,000 | $294,000,000 | $292,000,000 |
| EBITDA (Bullshit earnings) | $-89,000,000 | $995,000,000 | $473,000,000 | $988,000,000 |
| EBIT | $-535,000,000 | $661,000,000 | $179,000,000 | $696,000,000 |
| Diluted Average Shares | $2,604,161,774 | $2,587,596,787 | $2,581,801,567 | $2,570,934,506 |
| Basic Average Shares | $2,604,161,774 | $2,587,596,787 | $2,581,801,567 | $2,570,934,506 |
| Tax Provision | $-167,000,000 | $165,000,000 | $31,000,000 | $174,000,000 |
| Gain On Sale Of Ppe | $-6,000,000 | $-8,000,000 | - | - |
| Impairment Of Capital Assets | $33,000,000 | $18,000,000 | $8,000,000 | $2,000,000 |
| Amortization | $18,000,000 | $30,000,000 | $28,000,000 | $22,000,000 |
| Selling General And Administration | $124,000,000 | $134,000,000 | $119,000,000 | $100,000,000 |
| Salaries And Wages | $124,000,000 | $134,000,000 | $119,000,000 | $100,000,000 |
| Other Special Charges | - | - | $2,000,000 | - |
| Other Gand A | - | - | - | $118,000,000 |
Balance Sheet (Annual)
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $8,873,000,000 | $8,184,000,000 | $5,914,000,000 | $5,438,000,000 |
| Fixed Assets Revaluation Reserve | $9,657,000,000 | $8,145,000,000 | $5,879,000,000 | $5,079,000,000 |
| Total Assets | $14,974,000,000 | $13,543,000,000 | $10,022,000,000 | $9,369,000,000 |
| Total Non Current Assets | $14,294,000,000 | $12,492,000,000 | $9,275,000,000 | $8,292,000,000 |
| Other Non Current Assets | $32,000,000 | $14,000,000 | - | - |
| Financial Assets | $183,000,000 | $224,000,000 | $213,000,000 | $377,000,000 |
| Goodwill And Other Intangible Assets | $47,000,000 | $62,000,000 | $73,000,000 | $85,000,000 |
| Other Intangible Assets | $47,000,000 | $62,000,000 | $73,000,000 | $85,000,000 |
| Current Assets | $680,000,000 | $1,051,000,000 | $747,000,000 | $1,077,000,000 |
| Other Current Assets | $72,000,000 | $61,000,000 | $60,000,000 | $66,000,000 |
| Hedging Assets Current | $65,000,000 | $233,000,000 | $141,000,000 | $232,000,000 |
| Current Deferred Assets | $14,000,000 | - | - | - |
| Current Deferred Taxes Assets | $14,000,000 | - | - | - |
| Receivables | $406,000,000 | $536,000,000 | $334,000,000 | $416,000,000 |
| Receivables Adjustments Allowances | $-5,000,000 | $-4,000,000 | $-4,000,000 | $-8,000,000 |
| Other Receivables | $52,000,000 | $47,000,000 | $35,000,000 | - |
| Accounts Receivable | $359,000,000 | $493,000,000 | $303,000,000 | $424,000,000 |
| Cash Cash Equivalents And Short Term Investments | $123,000,000 | $221,000,000 | $212,000,000 | $363,000,000 |
| Cash And Cash Equivalents | $123,000,000 | $221,000,000 | $212,000,000 | $363,000,000 |
| Cash Financial | $123,000,000 | $221,000,000 | $212,000,000 | $71,000,000 |
| Cash Equivalents | - | - | - | $292,000,000 |
| Non Current Deferred Assets | - | - | - | - |
| Non Current Deferred Taxes Assets | - | - | - | - |
| Debt | ||||
| Net Debt | $1,446,000,000 | $1,126,000,000 | $1,024,000,000 | $800,000,000 |
| Total Debt | $1,569,000,000 | $1,377,000,000 | $1,263,000,000 | $1,204,000,000 |
| Long Term Debt And Capital Lease Obligation | $1,200,000,000 | $1,140,000,000 | $1,046,000,000 | $1,041,000,000 |
| Long Term Debt | $1,200,000,000 | $1,113,000,000 | $1,022,000,000 | $1,004,000,000 |
| Current Debt And Capital Lease Obligation | $369,000,000 | $237,000,000 | $217,000,000 | $163,000,000 |
| Current Debt | $369,000,000 | $234,000,000 | $214,000,000 | $159,000,000 |
| Other Current Borrowings | $369,000,000 | $234,000,000 | $214,000,000 | $159,000,000 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $6,054,000,000 | $5,297,000,000 | $4,035,000,000 | $3,846,000,000 |
| Total Non Current Liabilities Net Minority Interest | $5,019,000,000 | $4,293,000,000 | $3,315,000,000 | $3,120,000,000 |
| Derivative Product Liabilities | $496,000,000 | $142,000,000 | $111,000,000 | $93,000,000 |
| Tradeand Other Payables Non Current | $55,000,000 | $62,000,000 | $55,000,000 | $54,000,000 |
| Non Current Deferred Liabilities | $3,268,000,000 | $2,949,000,000 | $2,103,000,000 | $1,932,000,000 |
| Non Current Deferred Taxes Liabilities | $3,268,000,000 | $2,949,000,000 | $2,103,000,000 | $1,932,000,000 |
| Current Liabilities | $1,035,000,000 | $1,004,000,000 | $720,000,000 | $726,000,000 |
| Payables And Accrued Expenses | $401,000,000 | $565,000,000 | $352,000,000 | $470,000,000 |
| Payables | $401,000,000 | $565,000,000 | $352,000,000 | $470,000,000 |
| Other Payable | $401,000,000 | $565,000,000 | $352,000,000 | $470,000,000 |
| Other Current Liabilities | - | $10,000,000 | $14,000,000 | $13,000,000 |
| Current Deferred Liabilities | - | $85,000,000 | $46,000,000 | $32,000,000 |
| Current Deferred Taxes Liabilities | - | $85,000,000 | $46,000,000 | $32,000,000 |
| Equity | ||||
| Common Stock Equity | $8,920,000,000 | $8,246,000,000 | $5,987,000,000 | $5,523,000,000 |
| Total Equity Gross Minority Interest | $8,920,000,000 | $8,246,000,000 | $5,987,000,000 | $5,523,000,000 |
| Stockholders Equity | $8,920,000,000 | $8,246,000,000 | $5,987,000,000 | $5,523,000,000 |
| Gains Losses Not Affecting Retained Earnings | $9,657,000,000 | $8,148,000,000 | $5,887,000,000 | $5,094,000,000 |
| Other Equity Adjustments | $0 | $3,000,000 | $8,000,000 | $15,000,000 |
| Retained Earnings | $-2,621,000,000 | $-1,631,000,000 | $-1,600,000,000 | $-1,242,000,000 |
| Other | ||||
| Ordinary Shares Number | $2,615,469,348 | $2,588,594,444 | $2,583,169,114 | $2,577,564,785 |
| Share Issued | $2,615,469,348 | $2,588,594,444 | $2,583,169,114 | $2,577,564,785 |
| Tangible Book Value | $8,873,000,000 | $8,184,000,000 | $5,914,000,000 | $5,438,000,000 |
| Invested Capital | $10,489,000,000 | $9,593,000,000 | $7,223,000,000 | $6,686,000,000 |
| Working Capital | $-355,000,000 | $47,000,000 | $27,000,000 | $351,000,000 |
| Total Capitalization | $10,120,000,000 | $9,359,000,000 | $7,009,000,000 | $6,527,000,000 |
| Capital Stock | $1,884,000,000 | $1,729,000,000 | $1,700,000,000 | $1,671,000,000 |
| Common Stock | $1,884,000,000 | $1,729,000,000 | $1,700,000,000 | $1,671,000,000 |
| Current Provisions | $265,000,000 | $86,000,000 | $71,000,000 | $30,000,000 |
| Net PPE | $14,032,000,000 | $12,192,000,000 | $8,989,000,000 | $7,830,000,000 |
| Accumulated Depreciation | $-105,000,000 | $-97,000,000 | $-116,000,000 | $-124,000,000 |
| Gross PPE | $14,137,000,000 | $12,289,000,000 | $9,105,000,000 | $7,954,000,000 |
| Construction In Progress | $297,000,000 | $461,000,000 | $542,000,000 | $230,000,000 |
| Other Properties | $13,622,000,000 | $11,648,000,000 | $8,369,000,000 | $7,668,000,000 |
| Machinery Furniture Equipment | $143,000,000 | $120,000,000 | $139,000,000 | - |
| Land And Improvements | $75,000,000 | $60,000,000 | $55,000,000 | $56,000,000 |
| Capital Lease Obligations | - | $30,000,000 | $27,000,000 | $41,000,000 |
| Long Term Capital Lease Obligation | - | $27,000,000 | $24,000,000 | $37,000,000 |
| Current Capital Lease Obligation | - | $3,000,000 | $3,000,000 | $4,000,000 |
| Pensionand Other Post Retirement Benefit Plans Current | - | $21,000,000 | $20,000,000 | $18,000,000 |
| Foreign Currency Translation Adjustments | - | - | - | - |
| Long Term Provisions | - | - | - | - |
Cash Flow Statement (Annual)
| Metric | 2025-06-30 | 2024-06-30 | 2023-06-30 | 2022-06-30 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $134,000,000 | $332,000,000 | $180,000,000 | $289,000,000 |
| Operating Activities | ||||
| Cash Flowsfromusedin Operating Activities Direct | $318,000,000 | $667,000,000 | $509,000,000 | $461,000,000 |
| Classesof Cash Receiptsfrom Operating Activities | $4,983,000,000 | $4,614,000,000 | $3,354,000,000 | $3,934,000,000 |
| Investing Activities | ||||
| Capital Expenditure | $-184,000,000 | $-335,000,000 | $-329,000,000 | $-172,000,000 |
| Investing Cash Flow | $-191,000,000 | $-327,000,000 | $-327,000,000 | $598,000,000 |
| Cash Flow From Continuing Investing Activities | $-191,000,000 | $-327,000,000 | $-327,000,000 | $598,000,000 |
| Net Other Investing Changes | $-7,000,000 | - | - | - |
| Financing Activities | ||||
| Financing Cash Flow | $-225,000,000 | $-331,000,000 | $-333,000,000 | $-844,000,000 |
| Cash Flow From Continuing Financing Activities | $-225,000,000 | $-331,000,000 | $-333,000,000 | $-844,000,000 |
| Net Other Financing Charges | $-6,000,000 | $-5,000,000 | $-5,000,000 | $-9,000,000 |
| Cash Dividends Paid | $-387,000,000 | $-436,000,000 | $-423,000,000 | $-360,000,000 |
| Common Stock Dividend Paid | $-387,000,000 | $-436,000,000 | $-423,000,000 | $-360,000,000 |
| Other | ||||
| Repayment Of Debt | $-363,000,000 | $-357,000,000 | $-160,000,000 | $-685,000,000 |
| Issuance Of Debt | $531,000,000 | $467,000,000 | $255,000,000 | $210,000,000 |
| Interest Paid Supplemental Data | $87,000,000 | $80,000,000 | $65,000,000 | $76,000,000 |
| Income Tax Paid Supplemental Data | $195,000,000 | $160,000,000 | $154,000,000 | $145,000,000 |
| End Cash Position | $123,000,000 | $221,000,000 | $212,000,000 | $363,000,000 |
| Beginning Cash Position | $221,000,000 | $212,000,000 | $363,000,000 | $148,000,000 |
| Changes In Cash | $-98,000,000 | $9,000,000 | $-151,000,000 | $215,000,000 |
| Net Issuance Payments Of Debt | $168,000,000 | $110,000,000 | $95,000,000 | $-475,000,000 |
| Net Long Term Debt Issuance | $168,000,000 | $110,000,000 | $95,000,000 | $-475,000,000 |
| Long Term Debt Payments | $-363,000,000 | $-357,000,000 | $-160,000,000 | $-685,000,000 |
| Long Term Debt Issuance | $531,000,000 | $467,000,000 | $255,000,000 | $210,000,000 |
| Net Intangibles Purchase And Sale | $-41,000,000 | $-54,000,000 | $-13,000,000 | $-31,000,000 |
| Purchase Of Intangibles | $-41,000,000 | $-54,000,000 | $-13,000,000 | $-31,000,000 |
| Net PPE Purchase And Sale | $-143,000,000 | $-281,000,000 | $-314,000,000 | $-139,000,000 |
| Purchase Of PPE | $-143,000,000 | $-281,000,000 | $-316,000,000 | $-141,000,000 |
| Taxes Refund Paid Direct | $-195,000,000 | $-160,000,000 | $-154,000,000 | $-145,000,000 |
| Interest Received Direct | $5,000,000 | $12,000,000 | $11,000,000 | $2,000,000 |
| Interest Paid Direct | $-87,000,000 | $-80,000,000 | $-65,000,000 | $-76,000,000 |
| Classesof Cash Payments | $-4,388,000,000 | $-3,719,000,000 | $-2,637,000,000 | $-3,254,000,000 |
| Paymentsto Suppliersfor Goodsand Services | $-4,388,000,000 | $-3,719,000,000 | $-2,637,000,000 | $-3,254,000,000 |
| Receiptsfrom Customers | $4,983,000,000 | $4,614,000,000 | $3,354,000,000 | $3,934,000,000 |
| Net Business Purchase And Sale | - | $8,000,000 | - | $768,000,000 |
| Sale Of Business | - | $8,000,000 | - | $768,000,000 |
| Sale Of PPE | - | - | $2,000,000 | $2,000,000 |